ExperTrades Review: Is ExperTrades a scam? Is it Legit? How much do you know about this broker? Read our review to find out the result of our investigation.
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What is ExperTrades?
Expertrades.com is the website of a CFDs and Forex brokerage, located in Unit 412, Scott House,The Custard Factory,Digbeth. They claim to provide an automated investment solution that can produce a large amount of return everyday. Expert Trades claims to be a broker and an investment firm, and provides four different accounts to suit the needs of their users.
To our disappointment however, not much information has been discovered on the owners of this brokerage but their website tells us that it is operated by Mary Jeo, Brandon Richard, Frank Mathew and Herbert Talton. Every single one of them is an expert account manager. We suspect that Expert Trades could be anonymous and that is a bad sign.
What ExperTrades Say They Offer
ExperTrades claims to offers potential traders the following:
- MetaTrader 4 trading platform
- Offers profit up to 200% on your initial investment.
- Solid security of funds and personal data
- Provision of segregated funds
- Swift withdrawal methods
- Compatible with desktops and mobile devices.
- Availability of Forex experts and options specialists
- Customer service support.
ExperTrades Trading Software
ExperTrades does not provide MetaTrader4 trading platform or even the basic trading platform. The MetaTrader4 is the best trading platform in the foreign exchange market and is equipped with excellent charting tools, more than 60 integrated market indicators and trading bots that can be customized which helps traders to efficiently run automated trading sessions.
ExperTrades Withdrawal and Deposit Methods & Fees
We were unable to discover any added fees attached to withdrawal, but it is important to remember, that withdrawal through bank transfer, requires a fee of $30. All withdrawal and deposit methods are executed in within 24 hours, except for bank transfer which can take 3 – 5 business days.
Is ExperTrades Licensed?
Not only are the owners of this brokerage anonymous, background information like contact address, date of creation, regulation and licensing are also lacking. ExperTrades claim that they are licensed by the Vanuatu Financial Services Commission but we are unable to verify this because we do not know the name of this brokerage’s company or the location of its incorporation. Our source informed us that the VFSC is an offshore regulator and do not have the ability to oversee international brokers.
ExperTrades Is neither regulated nor licensed by any trusted financial body like the Australian Securities and Investments Commission, FCA andCySEC
Phone: +1 573 525 9548
Location: Expert Trades, Unit 412, Scott House,The Custard Factory,Digbeth.
Based on our investigation, expertrades.com does not offer features that traders will find useful nor does it help make their trading experience fast, efficient and profitable. They are neither licensed nor regulated.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
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- No MetaTrader4 trading platform
- Unlicensed and Unregulated